Bullish Stock Quarterly Earnings & Commentary: Groupon Inc, BP plc , Netflix, Inc, Intel Corporation, General Electric Company
NEW YORK, October 30, 2013 /PRNewswire/ --
Market Buzz Report, an investment community, reports Bullish Stock Earnings & Commentary on Groupon Inc (NASDAQ: GRPN), BP plc (NYSE: BP), Netflix, Inc. (NASDAQ: NFLX), Intel Corporation (NASDAQ: INTC), General Electric Company (NYSE: GE).
CEO of Groupon Inc (NASDAQ: GRPN) Eric Lefkofsky has confirmed that the firm's mobile concentration is growing consistently. He opined that the company ranks amongst the most in terms of penetration in large e-commerce companies.
He stated that it is designed for mobile as it caters to local markets as it knows where one is and creates a way to explore a city.
Is GRPN Still The Hedge Fund's Favorite Ahead Of Earnings? Don't Miss The Free Analysis Herehttp://marketbuzzreport.com/index.php?code=GRPN
The firm would be coming out with quarter three earnings on November 7. Reuters is expecting the firm to come out with profits of 1 cent a share on revenues of $616 million. He confirmed that the firm saw 7 million app downloads in quarter one and 7.5 million in quarter two.
Lefkofsky added that Groupon's business model has been copied many times and that even though a number of big players have entered into similar zone, the firm has been able to grow its market share.
BP plc (NYSE: BP) has come out with good news with its quarterly results by announcing a dividend hike as well as beating forecasted results as well as promise to sell more of assets for returning proceeds to shareholders. The company has also assured investors that capital spending in the next year would be about $24-$25 billion, which would be bit more tight than the previous guidance of $24-$27 billion announced for the next 6-7 years.
Shareholders have been apprehensive about the increasing costs which would reduce cash flows once oil prices drop leading to reduction in the industry's ability to offer returns. But, BP's underlying replacement cost net profit for the quarter was $3.692 billion.
Why Hedge Funds Have Turned Bullish On Bp After The Solid Quarter? Get All The Details Herehttp://marketbuzzreport.com/index.php?code=BP
This was marginally lower than a year back because of weak refining margins, reduced income from Russian business as well as divestment of refineries.
BP increased the quarterly dividend by 5.6 percent to 9.5 cents a share and confirmed selling of $10 billion of assets in the next couple of years in order to return most proceeds to shareholders.
The firm has already sold off $38 billion of assets for paying to the Gulf of Mexico oil spill of 2010 but asset sales have become a norm as it struggles with increasing costs and is looking at potentially lower oil prices in future.
Some words were exchanged by Chief Content Officer of Netflix, Inc. (NASDAQ: NFLX), Ted Sarandos challenging film studios to try some new things with fresh releases.
He questioned on why movies were not premiered on Netflix the same day they release on theatres.
He asked why things are not followed about what consumers wish to watch instead of investing millions of dollars for people who do not stay near a theatre.
How Should Investors Trade NFLX After The Recent Volatility? Get Free Trend Analysis Herehttp://marketbuzzreport.com/index.php?code=NFLX
He gave facts of last summer when movies with production budget of $75 million released and 50% more big box office movies released in the three months of 2013 than the average.
Studios may like to try with original version of video-on-demand as well as charge viewers some fee for new release film. He added that Netflix may try and screen movies on the same day of the release in theatres.
Intel Corporation (NASDAQ: INTC) - Apple's new 13-Inch Retina MacBook Pro does seem impressive with the all new Intel Iris integrated graphics. According to some of the reviews, the new Retina MacBook Pros has seen frame rate improvements of 45 to 50 percent.
There is also an improvement in the CPU benchmarks resulting in an eight percent improvement with MathematicaMark 8 as well as five percent gain with Cinebench CPU on the higher-end Retina MacBook Pro.
Why Analysts Call INTC as A Buy At New Highs? Find The Shocking report Herehttp://marketbuzzreport.com/index.php?code=INTC
The lower-end Retina MacBook Pro did not do well witnessing no speed gains. For checking the findings, Blackmagic's Disk Speed Test was run on all three 13-inch Retina MacBook Pros and it was found that 500GB flash storage in new 2.6GHz model was twice as fast in the write test as the 120GB flash storage in the new 2.4GHz system.
The read speeds were similar with the 2.4GHz's flash storage reading at 700 MBps whereas the new 2.6GHz giving a reading of 733.9 MBps. The company's newest Haswell-based 13-inch Retina MacBook Pros came out this week is available both in retail locations as well as Apple stores. The firm provides three different models at price points starting at $1,299.
General Electric Company (NYSE: GE), the largest U.S. producer of wind turbines, agreed to supply 22.8 megawatts of systems to Toto Costruzioni SpA for a power plant in southern Italy.
Is C The Best Pick In The Sector? Don't Wait, Just Get The Free Result Herehttp://marketbuzzreport.com/index.php?code=GE
The order is the first for the company's 2.85-megawatt turbines in Italy, according to a statement today on Fairfield, Connecticut-based GE's website. Terms weren't disclosed. Italy plans to install 560 megawatts of wind power a year through 2020 to meet the European Union's goal of generating 20 percent of its electricity from renewable sources.
USMarketBuzz.com is an investment community that Focuses on MicroCap Securities. USMarketBuzz.com is an authorative authentic Google News Site and Leading Provider of Investment Awareness and Featured Company Profiles. If you would like more information regarding our news coverage solutions, please visit http://www.USMarketBuzz.com/ for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at http://www.USMarketBuzz.com/. Follow us on Facebook: https://www.facebook.com/usmarket.buzz Sign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PREPROMO to 27126. (SMS alerts are free, however data rates may apply, check your wireless plan for details.)
DISCLAIMER: FNNewswire (FNNW) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNNW is NOT affiliated in any manner with any company mentioned herein. The commentary, views and opinions expressed in this release by MarketBuzz Reports and USMarketBuzz.com are those of the MarketBuzz Reports & USMarketBuzz.com and do not reflect in any manner the views or opinions shared by FNNW. The companies that are discussed in this release may or may not have approved the statements made in this release. FNNW is not liable for any investment decisions by its readers or subscribers FNNW and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNNW was not compensated by any public company mentioned herein to disseminate this press release.
FNNW HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNNW undertakes no obligation to update such statements.
Company: FN Newswire
Contact email: email@example.com
U.S. Phone: +1(954)345-0611
SOURCE FN Media Group LLC
More by this Source
Colombian Research Involving Cannabiods For Cancer Patients & Pharmaceutical Products Heats Up - Company Announces Appointment of Well Known Medical Marijuana Scientific Advisor
Apr 22, 2014, 08:50 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.